Stocks pause gain as Dow slips on Kodak results
Wall Street declined after a three session rebound as the Dow fell 63.33 to 7938.14. Eastman Kodak weak sales weighed while GE P&G Sealed Air and McLeod posted gains and Merrill Lynch announced 3400 job cuts.
MENTIONED IN THIS ARTICLE
Dow Jones
Eastman Kodak
New York Stock Exchange
Iowa
AEGON
General Electric
Procter & Gamble
Sealed Air Corp
McLeod
Merrill Lynch & Co
Wall Street
Merrill Lynch
USDA may step up farm aid payments
Agriculture Secretary Dan Glickman outlined plans to accelerate 5.7 billion in 1999 payments and 1.3 billion in Conservation Reserve Program disbursements. He urged action on crop insurance and trade issues while Congress debates the farm disaster aid bill. Net farm income for 1998 is forecast at 42 billion, with CRP enrollment period set for Oct 26 to Dec 11.
MENTIONED IN THIS ARTICLE
Marlene Lucas
Dan Glickman
Congress
Clinton
Glickman
U.S. Department of Agriculture
Grain pours into area elevators
Farmers harvest corn and soybeans with fair yields as elevators report steady lines. Fairfax Grain Co Inc buys and ships quickly to Cedar Rapids while harvest progress edges past five year averages. statewide corn and soybean conditions and lodging metrics are reported.
MENTIONED IN THIS ARTICLE
Gazette
Robert Hofmaster
Fairfax Grain Co. Inc
Fairfax
Cedar Rapids
Iowa Crops & Weather Report
Brenton offers Iowa Equity Growth Trust investment
Brenton Investments launches the Iowa Equity Growth Trust with a portfolio of Iowa focused companies including McLeod USA United Fire Heartland Express HON Industries Lee Enterprises and Casey's General Stores among others. The five year unit investment trust opens expressions of interest through October 21 with a $10 per unit early bid and $100 minimum, Nike Securities selects stocks and will administer.
MENTIONED IN THIS ARTICLE
McLeod USA
United Fire & Casualty
Cedar Rapids
Heartland Express
Coralville
HON Industries
Muscatine
Lee Enterprises
Davenport
Telegroup Inc
Fairfield
Featherlite Inc
Cresco
Ag Services of America
Cedar Falls
Iowa Equity Growth Trust
Kevin Hansen
Brenton Investments
Brenton Bank
Nike Securities
Chicago
Hansen
Supreme Court hears case on phone competition
The Clinton administration urged federal price rules to open local telephone markets to competition nationwide. AT&T and MCI-backed brief argued federal guidelines are blocked by a lower court, while state regulators contend states retain regulatory power. Justices extended debate time. ruling expected by July with Justice OConnor recusing herself.
MENTIONED IN THIS ARTICLE
Supreme Court
Washington
Clinton
Seth Waxman
Federal Communications Commission
Bruce Ennis
At&t
MCI
Laurence Tribe
Congress
Sandra Day O’connor
Indian farmer earns World Food Prize for seed business
B R Barwale of Mahyco, chairman of Maharashtra Hybrid Seeds Co., receives the 1998 World Food Prize worth 250000 dollars in Des Moines. The honor honors his role in building India's largest seed distributor and boosting self sufficiency with hybrid cotton seed and diverse crops.
MENTIONED IN THIS ARTICLE
Seed Distribution
Washington
B.R. Barwale
Des Moines
Barwale
Mumbai
India
Norman Borlaug
Hybrid Seeds Co
Mahyco
Africa
John Ryan
Iowa
Also Mentioned on This Page
Rockwell
Westinghouse Air Brake Co
Railroad Electronics
Rockwell Collins Inc
Railroad Electronics Unit
Technical Service & Marketing
Kansas City
Norwest
Wells Fargo
Justice Department
Norwest Corp
Wells Fargo & Co
Arizona
Nevada
Federal Reserve System
Board of Governors
General Motors Corp
United Auto Workers
Monsanto
American Home Products Corp
Monsanto Co
American Home
SmithKline Beecham PLC
SmithKline
Amana
Amana Retirees Club
Homestead Church Heritage Museum
W St
Homestead
Treasury
Treasury Department
Was, Inc
Uiights
USDA
Datsun
Yutaka Katayama
Nissan Motor Corporation USA
Automotive Hall of Fame
Dearborn
Mich
Katayama
Lqwa
Brenton
George C. Ford
Wazette Tinaracia ,G
Brenton Investments Inc
Casey's General Stores
Ankeny
Engineering Animation Inc
Ames
Pioneer Hi-Bred
Johnston
Maytag Corp
Newton
Amerus Life Holdings
FBL Financial Services
Meredith Corp
Winnebago Industries
Forest City
Smithway Motor
Xpress
Fort Dodge
State
Deere & Co
Moline, Ill
ConAgra
Omaha
Maharashtra
World Food Prize Foundation
Iowa State University College of Agriculture
Streicher Agency
Life Investors Insurance Company OF America
InterSecurities, Inc
River Ridge Drive
NCUA
Peollins Community No Credit Union
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